Are you an experienced Cost Engineer? Are you based locally to Hull or prepared to relocate? Are you from a Petrochemical or Chemical background? Cost Engineer (x2) Location: Hull (on-site) Start Date: ASAP Hours: 37.5 per week (Full-Time) Contract Type: Permanent Salary: Dependent on experience The opportunity A leading engineering and maintenance provider is looking to appoint two experienced Cost Engineers for permanent roles based on-site in Hull. These are full-time positions supporting large-scale industrial works, with the opportunity to contribute to cost control, forecasting, subcontractor management, and commercial performance across complex engineering environments. Your duties and responsibilities will be * Produce financial reports to support monthly profit and loss (P&L) reporting * Re-measure and validate updates to the Bill of Quantities (BOQ) * Forecast actuals versus budget and report variances * Carry out risk analysis (best case, worst case, most likely scenarios) * Manage cost accruals across subcontractors, plant, and materials * Analyse weekly cost data using SAP and Power BI * Maintain full awareness of all subcontract agreements * Administer Early Warning Notices from subcontractors * Support cost value reconciliation and forecasting * Review, respond to, and track Compensation Events and change control * Prepare data for payment applications * Facilitate subcontractor meetings and progress reviews * Negotiate and agree subcontractor valuations and payment certifications * Develop and maintain cash flow forecasts * Perform audits of subcontractor claims, rates, and progress * Identify opportunities to improve margins through cost efficiencies You will have the following qualifications and experience * Strong working knowledge of NEC4 Option B contracts * Understanding of the NAECI Agreement * Experience on major construction or engineering projects * Familiarity with Standard Method of Measurement (SMM) * Commercially focused with strong analytical and reporting skills * Proficient in tools such as SAP and Power BI Additional Information * Site-based role in Hull, Monday to Friday * Living away allowance of £355.67/week for those based more than 45 miles from site * Overtime available depending on project requirements This is a great opportunity to join a major industrial programme in a permanent capacity with excellent long-term potential. Millbank Holdings Ltd is an equal opportunities employer committed to creating an inclusive and diverse workforce. We welcome applications from all suitably qualified individuals, regardless of background, and encourage candidates from underrepresented groups to apply. We are proud to be a member of the Disability Confident Scheme, and we are committed to ensuring an accessible and supportive recruitment process for everyone. If you require any adjustments at any stage, please let us know and we’ll do our best to accommodate. Millbank operates as both an Employment Agency and an Employment Business